University of Massachusetts Dartmouth Foundation Inc

Analysis

University of Massachusetts Dartmouth Foundation Inc is a registered charity in United States, based in N Dartmouth, MA. It received its IRS tax-exemption ruling in January 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, University of Massachusetts Dartmouth Foundation Inc reported income of $1.8m and spending of $3.0m, spending 171% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.0m to $1.8m (-40%), an average of -12% a year. The sharpest change came in the year to June 2021, when income rose by 144%. Over the whole period it spent 138% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Massachusetts Dartmouth Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MA. Charities of a similar size with the same main cause include Mitchell Technical Institute Foundation ($1.8m), Bolder Options ($1.8m) and Richmond Electricians Joint Apprenticeship Committee ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% of the total. At year end it held assets of $70.1m against liabilities of $9.1m, net assets of $61.0m.